Home Listings New Homes Home Value Affordability Our Team About Market Report Reviews / Reseñas Contact WhatsApp
20 Photos
Photo 1 Photo 2 Photo 3 Photo 4 Photo 5 Photo 6 Photo 7 Photo 8 Photo 9 Photo 10 Photo 11 Photo 12 Photo 13 Photo 14 Photo 15 Photo 16 Photo 17 Photo 18 Photo 19 Photo 20
← Back to Listings
Active Income/MultiFamily
$1,400,000
6124 Pembroke Rd # 8, Miramar FL 33023, Miramar, FL 33023
0 Beds
Bedrooms
0 Baths
Bathrooms
— sqft
Living Area
1975
Year Built

About This Property

Exceptional value-add multifamily opportunity at 6124 Pembroke Road, Miramar, FL 33023. This 8-unit property includes two 1BD/1BA apartments and six studio units, offering a versatile mix in a high-demand rental corridor. Seven of the eight tenants are on month-to-month leases, allowing immediate upside through rent adjustments or renovations. The property produces $140,520 in current annual gross income, translating to an impressive near-7% going-in cap rate from day one—without raising rents. Ideally located on highly trafficked Pembroke Road, just off 441, the asset is extremely easy to rent and centrally positioned close to major highways and essentials. Additional highlights include updated mini-split A/Cs, several renovated interiors, an on-site coin laundry room, and a large garage for storage with potential to convert into a 9th unit. Seller financing is available with very attractive terms.

Property Details

Property Type Income/MultiFamily
Days on Market 163 days
HOA Fee None
Parking — spaces
Pool No
Waterfront No
Community
Pets Allowed

Location

Comparable Sales
Analyzing recent sales in Miramar…
Share: f Facebook WhatsApp
D
Dayron Crespo
Broker

Estimate Payment

Principal & Interest
Property Tax
HOA
Insurance
Est. Monthly
Get Pre-Approved

Calculate your full buying budget →

Schedule a Showing